New Zealand - Broad money (% of GDP)

Broad money (% of GDP) in New Zealand was 112.58 as of 2020. Its highest value over the past 60 years was 112.58 in 2020, while its lowest value was 19.82 in 1971.

Definition: Broad money (IFS line 35L..ZK) is the sum of currency outside banks; demand deposits other than those of the central government; the time, savings, and foreign currency deposits of resident sectors other than the central government; bank and traveler’s checks; and other securities such as certificates of deposit and commercial paper.

Source: International Monetary Fund, International Financial Statistics and data files, and World Bank and OECD GDP estimates.

See also:

Year Value
1960 30.26
1961 28.61
1962 26.55
1963 24.90
1964 24.26
1965 22.37
1966 22.54
1967 21.15
1968 20.58
1969 20.80
1971 19.82
1972 23.49
1973 26.89
1974 25.94
1975 25.51
1976 24.60
1977 25.19
1978 27.72
1979 28.16
1980 26.42
1981 25.26
1982 25.46
1983 24.35
1984 25.94
1985 29.79
1986 30.98
1987 32.37
1988 62.90
1989 65.04
1990 69.89
1991 71.17
1992 71.74
1993 70.55
1994 71.86
1995 74.01
1996 80.40
1997 82.69
1998 81.37
1999 82.25
2000 78.88
2001 80.11
2002 76.46
2003 78.32
2004 75.81
2005 78.73
2006 82.98
2007 84.98
2008 92.43
2009 89.52
2010 92.70
2013 92.82
2014 95.01
2015 99.19
2016 100.47
2017 100.46
2018 101.53
2019 100.91
2020 112.58

Aggregation method: Weighted average

Periodicity: Annual

General Comments: The derivation of this indicator was simplified in September 2012 to be current-year broad money divided by current-year GDP times 100.

Classification

Topic: Financial Sector Indicators

Sub-Topic: Monetary holdings (liabilities)